Alpine Income Property Trust (NYSE:PINE) Issues Earnings Results, Beats Estimates By $0.01 EPS

Alpine Income Property Trust (NYSE:PINE) issued its quarterly earnings data on Thursday. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01, FiscalAI reports. Alpine Income Property Trust had a return on equity of 3.79% and a net margin of 16.55%. The firm had revenue of $20.46 million during the quarter, compared to the consensus estimate of $20.19 million.

Alpine Income Property Trust Price Performance

Shares of NYSE:PINE opened at $16.14 on Friday. The firm has a market cap of $289.43 million, a price-to-earnings ratio of 35.09, a P/E/G ratio of 1.15 and a beta of 0.56. Alpine Income Property Trust has a 1 year low of $13.63 and a 1 year high of $21.99. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 1.03. The business has a fifty day simple moving average of $18.32 and a 200 day simple moving average of $19.26.

Key Alpine Income Property Trust News

Here are the key news stories impacting Alpine Income Property Trust this week:

• Positive Sentiment: Raised 2026 guidance: PINE increased its 2026 AFFO-per-share outlook to $2.20–$2.22, above the prior consensus estimate of $2.17, citing accelerating acquisitions. The company also reported more than $300 million of investment activity completed or under contract year to date. Alpine income property trust outlines higher 2026 AFFO as acquisitions accelerate
• Positive Sentiment: Q3 results exceeded expectations: Third-quarter EPS was $0.18, topping the $0.17 consensus estimate, while revenue of $20.46 million exceeded expectations of $20.19 million. FFO was $0.55 per share versus the $0.53 consensus and $0.46 a year earlier, indicating improved operating performance. Alpine Income tops Q3 FFO and revenue estimates
• Positive Sentiment: Analysts remain constructive: Stifel Nicolaus maintained a “buy” rating and Huntington retained an “outperform” rating, suggesting analysts still see upside despite adjusting their valuation assumptions.
• Neutral Sentiment: Management’s third-quarter earnings call provided additional details on results, acquisition activity and the higher full-year outlook. Q3 2026 earnings call transcript
• Negative Sentiment: Price targets were reduced: Huntington cut its target from $23 to $20.50, while Stifel lowered its target from $21.25 to $20.00. Although both firms retained positive ratings, the reductions may weigh on sentiment and suggest more cautious valuation expectations.

Insider Buying and Selling at Alpine Income Property Trust

In other news, Director Andrew Richardson sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $20.28, for a total transaction of $40,560.00. Following the completion of the sale, the director directly owned 8,425 shares of the company’s stock, valued at $170,859. This trade represents a 19.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Stifel Nicolaus dropped their price objective on shares of Alpine Income Property Trust from $21.25 to $20.00 and set a “buy” rating on the stock in a report on Friday. Huntington began coverage on shares of Alpine Income Property Trust in a research note on Wednesday, July 15th. They set an “outperform” rating and a $23.00 target price for the company. Zacks Research upgraded shares of Alpine Income Property Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Weiss Ratings lowered shares of Alpine Income Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, September 21st. Finally, Truist Financial dropped their price target on shares of Alpine Income Property Trust from $20.00 to $19.00 and set a “hold” rating on the stock in a research note on Thursday, October 15th. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $20.75.

Alpine Income Property Trust Company Profile

Alpine Income Property Trust, Inc is a real estate investment trust (REIT) that owns and manages a portfolio of income-producing commercial properties in the United States. The company primarily invests in single-tenant net lease properties, under which tenants generally assume responsibility for property expenses such as taxes, insurance and maintenance.

Its portfolio has included retail, office and industrial properties leased to tenants across a range of industries. Alpine seeks to generate rental income through long-term leases and may pursue acquisitions, dispositions and other real estate investments intended to support the growth and diversification of its property portfolio.

Alpine Income Property Trust was formed by CTO Realty Growth, Inc and became a publicly traded company in 2019 following its separation from CTO Realty Growth.